New Delhi: Due to increasing cases of corona epidemic, economic activities are not catching up. Therefore, in this period of economic insecurity, gold prices are increasing. On Monday (June 22, 2020), gold prices rose in early trade. However, silver declined. In the futures market, gold rose 0.66 per cent, or Rs 316, to Rs 48,253 per ten grams, while the price of silver fell by 1.14 per cent, or Rs 553, to Rs 49,189 per kg.

The spot price of gold in Sarafa Bazar of Ahmedabad was Rs 47,519 while on August 5, the futures price of expiry was Rs 48,239 per ten grams. On Friday, the price of gold in the bullion market of Delhi went up after seeing the rise in international prices. On Friday, gold prices rose by Rs 144 to Rs 48,334 per ten grams. According to HDFC Securities, silver also rose by Rs 150 to Rs 49,160 per kg.

The international market saw an increase in gold prices on Monday. Due to the second wave of coronavirus infection, gold prices are seeing a boom. In the US, spot gold rose 0.7 percent to $ 1754.74. Gold in the future market was priced at $ 1,733 an ounce.

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